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Dec 29, 2012
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how much money have you sent the government? >> a little bit over $3,000. >> reporter: $3,197.88, to be exact. all tracked on a handwritten ledger. for the last three years, garcia has been paying the government $50 a month of his postal service pension and money from cans he collects. >> we are paying absolutely too much interest, too much interest. >> reporter: it really bothers you? >> it bothers me, because it makes no sense. >> reporter: sense is something garcia's wife of 59 years thinks her husband could use. do you think he is crazy? >> well -- >> reporter: call him crazy. but there is an entire federal office, the bureau of public debt that collects money from hundreds of mr. garcias. this office in parkersburg, west virginia, was set up by president kennedy so citizens could pay down the national debt. this year alone it collected 7.7 million in gifts, about 90 million since it was established. but 90 million is not that much, especially when you consider the federal deficit is $16 trillion and climbing. to retire the
how much money have you sent the government? >> a little bit over $3,000. >> reporter: $3,197.88, to be exact. all tracked on a handwritten ledger. for the last three years, garcia has been paying the government $50 a month of his postal service pension and money from cans he collects. >> we are paying absolutely too much interest, too much interest. >> reporter: it really bothers you? >> it bothers me, because it makes no sense. >> reporter: sense is...
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Dec 27, 2012
12/12
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the government will continue to function for a couple more months. emergency measures will be used to keep the money flowing, so to speak. this is unrelated to the fiscal cliff, so it's an additional problem that everybody has to deal with. of course the worst thing is we know how horrible it was the last time the debt ceiling needed to be raised in the summer of 2011, it went down to the wire and it looked as if there was a chance the united states would not raise the borrowing limit and default. we heard talk about social security payments not going out and that kind of thing. that's all led to the first downgrade in the u.s. credit rating, the stock market tanked. that was a ugly scenario. on top of the fiscal cliff, we may go through this all over again. it's another drag on the markets and on the whole economy at exactly the wrong time. >> when you say drag, though, give us an example of what you mean. we talked about january 2nd, everybody goes back to work and markets open. are we going to see a lot of volatility. all of a sudden it crashes do
the government will continue to function for a couple more months. emergency measures will be used to keep the money flowing, so to speak. this is unrelated to the fiscal cliff, so it's an additional problem that everybody has to deal with. of course the worst thing is we know how horrible it was the last time the debt ceiling needed to be raised in the summer of 2011, it went down to the wire and it looked as if there was a chance the united states would not raise the borrowing limit and...
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Dec 27, 2012
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that's when the government reaches its legal borrowing limit. the government can operate for a few weeks using emergency measures, but congress needs to act quickly to avoid a full-blown crisis. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have six grams of sugars. with fifteen grams of protein to help manage hunger... look who's getting smart about her weight. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. [ male announcer ] glucerna hunger smart. [music: artist: willy moon ♪ everybody well don't you know it's me now? ♪ ♪ yeah who's it, who's it huh? ♪ ♪ willy's back with a brand new beat now, ♪ ♪ yeah doin' it doin' it up! ♪ heyyy yeah, tryin' to bite my style! ♪ ♪ heyyy yeah, how you like me now? ♪ ♪ na na na na na na na na ♪ and everybody go uh! neural speeds increasing to 4g lte. br
that's when the government reaches its legal borrowing limit. the government can operate for a few weeks using emergency measures, but congress needs to act quickly to avoid a full-blown crisis. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have six grams of sugars. with fifteen grams of protein to help...
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Dec 27, 2012
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the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may inherit john kerry's senate seat now that he's been nominated for secretary of state. we know who won't. ted kennedy jr. says he won't run for the massachusetts seat because he considers connecticut his home. >>> and it looks like ben affleck is sticking to life in hollywood instead of heading to washington. the star of "argo," a great movie, says that he quote, loves the political process, but i'm not running for office. we'll be right back. >>> welcome back to "hardball." the tea party movement, they call it a movement because it's got plenty of material. an attempted coup at the tea party organization freedom works takes the prize. the prize. in today's "washington post" army gardiner reports on the power grab, richard k. armey walked into the capitol hill offices with his wife susan and an aid holstering a gun. they were suspended and several others broke down at the news. the coupe lasted all of six days. wh
the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may inherit john kerry's senate seat now that he's been nominated for secretary of state. we know who won't. ted kennedy jr. says he won't run for the massachusetts seat because he considers connecticut his home. >>> and it looks like ben affleck is sticking to life in hollywood instead of heading to washington. the star of "argo," a...
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Dec 28, 2012
12/12
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if the rest of the government isn't going to follow along, india's government is very constricted in many ways from what it can do. so unfortunately this hasn't been made a big case, a big issue of yet so far but i actually think that this could be the time. i think that this case could give an opening. >> well, news from singapore of the young woman's death after the gang rape broke during the middle of the night in the india. so indians in their millions will awake to the news that the woman has died. have we crossed a threshold. is this an issue that simply can't be put back in the bottle and forgotten? >> well, you know, i think that probably when it comes to the street protest the death, the tragic death of this woman is going through means the protest will peak today and it's possible that after that the protests will dribble off and you know this case may be forgotten. this woman's name may stop being the top of the news. but i think that this case is a watershed moment. i think it can be a watershed moment. there are many other cases in india of other social issues where civi
if the rest of the government isn't going to follow along, india's government is very constricted in many ways from what it can do. so unfortunately this hasn't been made a big case, a big issue of yet so far but i actually think that this could be the time. i think that this case could give an opening. >> well, news from singapore of the young woman's death after the gang rape broke during the middle of the night in the india. so indians in their millions will awake to the news that the...
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Dec 30, 2012
12/12
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all of them mean we have less revenue to support the operations of government, so if going forward we're going to reach a balance, where we both cut spending and raise revenue, we have to achieve the right balance of those, so if there are folks in the other party, the republican party, who feel strongly that we should not allow income tax breaks of the last decade to continue, that's fine. i think they simply need to be willing to balance that with some of the democratic priorities like extending unemployment insurance benefits for nearly 2 million unemployed americans who will lose them tomorrow. >> thank you senator chris coons for joining us. >> thank you. >> coming up, former president george h.w. bush is out of icu, and the how the oak ridge boys may have helped lift his spirits. >>> and with less than 30 hours to go before the fiscal cliff, we're watching capitol hill for any kinds of a deal today. you're watching msnbc, the place for politics. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down fr
all of them mean we have less revenue to support the operations of government, so if going forward we're going to reach a balance, where we both cut spending and raise revenue, we have to achieve the right balance of those, so if there are folks in the other party, the republican party, who feel strongly that we should not allow income tax breaks of the last decade to continue, that's fine. i think they simply need to be willing to balance that with some of the democratic priorities like...
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Dec 29, 2012
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the government will be taking more out of their paychecks and when the tax time will roll by in april, they'll feel it and businesses will feel it. once people will see they're losing money on this deal you'll see more public outrage about it. >> david naka, mura, calling for an up or down vote if the senate can't come up with it. he's talking about 250,000, at one point 400,000. is it realistic to think that the president can win this thing on an up or down vote? >> if they actually go to an up and down vote there will be a lot of pressure on those who were against a temporary fix with this to make their case known and actually go on the record. that's why the question is would the republican senators who would oppose this thing at the $250,000 level, they would use some of the mechanisms they have like the fill buster and things that the public doesn't like, but they're certainly part of the tools that the senators have to object to these things. would they block it? as mark murray said, this is about the blame game and setting up and if you'll block it, go on record to do so or you
the government will be taking more out of their paychecks and when the tax time will roll by in april, they'll feel it and businesses will feel it. once people will see they're losing money on this deal you'll see more public outrage about it. >> david naka, mura, calling for an up or down vote if the senate can't come up with it. he's talking about 250,000, at one point 400,000. is it realistic to think that the president can win this thing on an up or down vote? >> if they...
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Dec 27, 2012
12/12
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a government spokesman says the former south african president is receiving treatment at his home. mandela is said to be resting and in good spirits. bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were young. ♪ how much i love you [ humming ] [ female announcer ] children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms decade after decade. [ humming ] >>> we have this just in to cnn. you're looking live at air force one as it lands. just back from hawaii. the president had to cut short his vacation there. his holiday vacation so he could deal with the looming fiscal cliff. all eyes are
a government spokesman says the former south african president is receiving treatment at his home. mandela is said to be resting and in good spirits. bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes...
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Dec 28, 2012
12/12
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WJZ
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the government has responded with what many governments often respond to in crisis management situation commissions and inquiry emotions are running very high and the call for capital punishment is an expression of the public outrage and you hear that a lot. and the government is said to be considering that. now of course the critics say, well, look this is not what's not needed here is greater punishment. but what is needed is better investigative and prosecutorial ca pace that is what will help the problem. but while there was this need, you know for policing reforms and better forensic and more efficient criminal justice system, the contours of the debate ray are coming down this to this. how do we change attitudes toward women. i mean indian women complain about a mentality that springs are from centuries of tradition. of defining women as objects and being subject ated. and young men say the women are achb seen as the repository of the family honor. so if the women is the victim of a sexual assault oftentimes she sown as having been dishonored the family rather than the r5i7ist who
the government has responded with what many governments often respond to in crisis management situation commissions and inquiry emotions are running very high and the call for capital punishment is an expression of the public outrage and you hear that a lot. and the government is said to be considering that. now of course the critics say, well, look this is not what's not needed here is greater punishment. but what is needed is better investigative and prosecutorial ca pace that is what will...
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Dec 30, 2012
12/12
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we cut government subsidies that shouldn't be given. we set priorities, organize billions of dollars, sent it to the house. the house committee acted. for the life of me, i cannot understand why the speaker of the house turned his back on rural america, on consumers. people get their jobs because of agricultu agriculture. here we are running up to this cliff. if something is not done, milk prices are going to double or triple. so, we have to at least pass what's called an extension of current law. the four agricultural leaders, republican, democrat, house, senate have come together. all four of us agreed on language to do that. now they need to get it passed. >> are they going to get it passed? >> they have to. i believe we will. >> the agriculture secretary called it historic to come up to this point of the farm bill. thank you so much for your time. >> my pleasure. >> hopefully everybody's blood pressure goes down. a lot of people are upset. we appreciate your time. talk to you soon. >> thank you. >> we are 22 minutes past the hour he
we cut government subsidies that shouldn't be given. we set priorities, organize billions of dollars, sent it to the house. the house committee acted. for the life of me, i cannot understand why the speaker of the house turned his back on rural america, on consumers. people get their jobs because of agricultu agriculture. here we are running up to this cliff. if something is not done, milk prices are going to double or triple. so, we have to at least pass what's called an extension of current...
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Dec 30, 2012
12/12
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an epic battle coming up early into the new year over raising the debt ceiling because the federal government is once again reaching the limit of how much money can be borrowed. once again facing the possibility of the united states defaulting on its debts and, you know, last time that led to a downgrade, credit downgrade. certainly not good news for the economy. >> we lurch from one crisis to the next. there's also talk about a dairy cliff involving our milk prices going up. is this real? is this likely to happen? >> isn't this great? dan, if congress does not act by tomorrow, your milk prices could in fact double by the way, cheese prices, as well. but once again, we believe that the congress will come up with some kind of a solution on this at least a temporary one, but, again, down to the wire they need to pass a farm bill or at least a temporary farm bill to prevent those milk prices from going up. >> d.c. forcing tax increases and lactose intolerance on america this morning. jon by the way has a big show. senators chuck schumer and jon kyl on "this week." a lot of news developing overni
an epic battle coming up early into the new year over raising the debt ceiling because the federal government is once again reaching the limit of how much money can be borrowed. once again facing the possibility of the united states defaulting on its debts and, you know, last time that led to a downgrade, credit downgrade. certainly not good news for the economy. >> we lurch from one crisis to the next. there's also talk about a dairy cliff involving our milk prices going up. is this...
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Dec 29, 2012
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government. deals of the government. lockheed martin, granted construction. grumed. saint jude medical. motorola, waste manage: these are companies that not only have big contracts with the government but employ a lot of people who should these contracts not be renewed to the extent they are right now. those employees could be facing an uncertain future. >> harris: wow, at a time when we're still trying to generate enough jobs to break even at the end of the month. >> that's right. >> harris: adam shapiro, thank you. three police officers recovering from a rampage that played out inside their police station. it happened in southern new jersey. they say a man police had arrested for domestic violence started shooting. >> while he was being processed, he got into a violent confrontation with the officers. he fired -- he obtained a firearm. he fired and struck three of the officers. >> harris: then those officers shot that man dead. david lee miller live in the newsroom. david lee, how did this guy get his hands on a gun inside a police station. >> harris, he was being
government. deals of the government. lockheed martin, granted construction. grumed. saint jude medical. motorola, waste manage: these are companies that not only have big contracts with the government but employ a lot of people who should these contracts not be renewed to the extent they are right now. those employees could be facing an uncertain future. >> harris: wow, at a time when we're still trying to generate enough jobs to break even at the end of the month. >> that's right....
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Dec 30, 2012
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it's now 35% of all the revenue from the government is coming from payroll tax. it's a regressive tax. there's a cap of $112,000. >> keep in mind, this is fiction that the payroll tax pace for social security. you're running large-debt deficits and there's knotting in these securities, there's no tax that pays for any particular program. the politics of the payroll tax is it helps to sustain the fiction that social security is like an insurance program or retirement program rather than what it is which is regular old welfare program but a welfare program for the middle class. >> fdr's idea was if you see if money coming from your paycheck you'll invest it -- >> with that tax in there nobody can mess with my damn social security program. >> right. >> but it could be fiction. >> the only fiction here is that it won't impact people if we don't pay enough attention to making sure we have the insurance system for people to retire. it was a pillar of creating the middle class, coming out of the great depression. when one of the policies that helped to produce the ameri
it's now 35% of all the revenue from the government is coming from payroll tax. it's a regressive tax. there's a cap of $112,000. >> keep in mind, this is fiction that the payroll tax pace for social security. you're running large-debt deficits and there's knotting in these securities, there's no tax that pays for any particular program. the politics of the payroll tax is it helps to sustain the fiction that social security is like an insurance program or retirement program rather than...
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Dec 29, 2012
12/12
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the government has responded with what many governments often respond to in crisis managementituation, commissionsndnquy, emotions are running very high and the call for capital punishment is an expression of the public outrage and you hear that a lot. and the government is said to be considering that. now of course the critics say, well, look, this is not, what's not needed here is greater punishment. but what is needed is better investigative and prosecutorial ca pace, that is what will help the problem. but while there was this need, you know, for policing reforms and better forensic andore effientcrimal justice system, the contours of the debate, ray, are coming down this to this. how do we change attitudes toward women. i mean indian women complain about a mentality that springs are from centuries of tradition. of defining women as objects and being subject ated. and young men say the women are achb seen as the repository of the family honor. so if the women is the victim of a sexual assault, oftentimes she sown as having been dishonored the family rather than the r5i7ist who has
the government has responded with what many governments often respond to in crisis managementituation, commissionsndnquy, emotions are running very high and the call for capital punishment is an expression of the public outrage and you hear that a lot. and the government is said to be considering that. now of course the critics say, well, look, this is not, what's not needed here is greater punishment. but what is needed is better investigative and prosecutorial ca pace, that is what will help...
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Dec 23, 2012
12/12
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new government report, holiday hiring is fast approaching a 12-year record, great news? you have to ask yourself how many of she is seasonal jobs will be made permanent or they just vanish come january 2nd. how do we stimulate the growth of the higher paid jobs in technology and manufacturing that we really need to get the economy moving again. joining us is brenda buttner. good to see you. that is the good news. seasonal hiring is a record high? >> yeah it really is. we have had some reports from that basically we've seen 20% increase of holiday hiring from last year. amazon, target both reporting 21% more increase in hiring. >> gregg: how long are those going to hang around? >> that is a good question. we always see a drop-off that cliff of the employment cliff in january. what is more revealing we're seeing so much increase of hiring it was mainly in november. i would like to see december's numbers. we expected a strong consumer spending season. it's turning out to be much more disappointing than we had anticipated. >> gregg: why is that? >> many of the people who wer
new government report, holiday hiring is fast approaching a 12-year record, great news? you have to ask yourself how many of she is seasonal jobs will be made permanent or they just vanish come january 2nd. how do we stimulate the growth of the higher paid jobs in technology and manufacturing that we really need to get the economy moving again. joining us is brenda buttner. good to see you. that is the good news. seasonal hiring is a record high? >> yeah it really is. we have had some...
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Dec 30, 2012
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the government's broken. we need to fix it but we need to have public debates. one side puts a plan on the table, like the house has done, they have passed two budgets, with proposals to save medicare for future generations. senator harry reid has not passed budgets. president obama's budgets have been voted on 3 times, the final vote tally, 0-610. so getting back to your first question, have i seen a plan out of this president that would be an obvious yes from us? i haven't seen any specific plan. all i have seen is demagoguery and a few numbers thrown out, whether it's $800 billion over 10 years or $1 of revenue for $3 of spending cuts, but nothing specific that we need to see to hammer this thing out. >> he says the onus is on congress, this is your job to get done. he said in the clip we just had, if it doesn't get done, the people who are going to pay are the senior who is will lose out on benefits that they are enjoying. is that an accurate representation of what will happen? >> no! this country needs presidential leadership. the house has passed two budge
the government's broken. we need to fix it but we need to have public debates. one side puts a plan on the table, like the house has done, they have passed two budgets, with proposals to save medicare for future generations. senator harry reid has not passed budgets. president obama's budgets have been voted on 3 times, the final vote tally, 0-610. so getting back to your first question, have i seen a plan out of this president that would be an obvious yes from us? i haven't seen any specific...
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Dec 27, 2012
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the federal government sent more than $1 million in aid to superstorm sandy victims. fema received hundreds aapplications and they're still processing the requests. the obama administration initially denied any aide to individualing living in somer -- individuals living in somerset county but since reversed that division. >>> in for round two? >> round two by saturday megan and charlie. over to the boards and show you through the course of the morning we'll be right around 36 degrees. lunchtime lot of clouds. windy at 37. we'll be flirting with the 40 for much of the afternoon. but the story is the wind and the wind will make it feel like it's around the freezing mark. here's that storm system from yesterday pulling up to the canadian maritimes. cloudy skies behind it and here we go out to the rockies another system that will be the saturday event we've been headlining through the morning. 39 today and 40 for friday and wintry mix moves in over the weekend. pretty chilly overall forecast with temperatures into the upper 30s to around 40 degrees. we'll break down two t
the federal government sent more than $1 million in aid to superstorm sandy victims. fema received hundreds aapplications and they're still processing the requests. the obama administration initially denied any aide to individualing living in somer -- individuals living in somerset county but since reversed that division. >>> in for round two? >> round two by saturday megan and charlie. over to the boards and show you through the course of the morning we'll be right around 36...
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Dec 27, 2012
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there are no boundaries on the internet but governments and legislation still has them. laws in the u.s. don't apply to a hacking group in germany, for example. >> talk about the bigger issue. cyber security in general, because as you know leon panetta said earlier this year the next pearl harbor might be through cyber warfare. >> yeah. >> is this something that at this point people recognize? is the problem getting worse or better? >> the potential for a major strike, this pearl harbor idea he's put out there, that is not hyperbole. this could be the most efficient ay for those who want to strike our government and society or any other because it doesn't require the physical manifestations of previous terrorism where you have to go disrupt infrastructure take over aircraft do physical destruction. you can stay in your own country, reach out for almost no cost, and deploy software that can bring down utilities, hospitals. worst of all, it could squirrel financial markets. i don't think anything is a higher risk than the ability of going after financial markets and subtly
there are no boundaries on the internet but governments and legislation still has them. laws in the u.s. don't apply to a hacking group in germany, for example. >> talk about the bigger issue. cyber security in general, because as you know leon panetta said earlier this year the next pearl harbor might be through cyber warfare. >> yeah. >> is this something that at this point people recognize? is the problem getting worse or better? >> the potential for a major strike,...
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Dec 26, 2012
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significant, possibly devastating budget cuts coming down to certainly state and local governments, not a good thing. and so this seemingly bad game of chicken, you know, this is not some schoolyard game here. this is about people's lives, it's about their livelihoods, it's about the future of cities, it's about programs that need the dollars to provide services that the citizens want and expect is lack of doing your job. and so congress, it seems to me, should be flying, literally, back into session to get things done. the marketplace will not reward this inactivity, but more importantly, the psychological confidence that citizens and the business community should have about the ability of congress and washington to actually get stuff done will, again, be shaken. it was mentioned, jonathan mentioned earlier, you mentioned earlier summer of 2011, a useless debate about whether or not we should raise the debt ceiling, had been done 36 times, but we had to have an inane debate about that. now it's the fiscal cliff. and whether or not across the board cuts should be made to all kinds of se
significant, possibly devastating budget cuts coming down to certainly state and local governments, not a good thing. and so this seemingly bad game of chicken, you know, this is not some schoolyard game here. this is about people's lives, it's about their livelihoods, it's about the future of cities, it's about programs that need the dollars to provide services that the citizens want and expect is lack of doing your job. and so congress, it seems to me, should be flying, literally, back into...
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Dec 28, 2012
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>> divided government that is getting deeper red, deeper blue, right? and there doesn't seem to be any clear leader coming forward to bridge the gap. >> more polarized top to bottom. when you look at the coalitions of the national level, mitt romney won almost 90% of votes from whites, and president obama won over 40% from nonwhites. look at the states on issues like gay marriage or the obama health care plan. blue and red states leading you in very different directions. and you get to congress. the vast majority of leaders are voted in by those who are divided. have you two cohessive coalitions. it's harder to bridge them what is the alternative? we're all here, none of us are going away. we'll find ways to work together or find more self-inflicted wounds like the fiscal cliff. >> the idea, republicans and this is the idea that has been floated, will let us go off the cliff sor they or certain members won't have to raise taxes. >> they will cut taxes retroactive retroactively. >> seems like a bad way to go. >> look, this was a machine built to encourag
>> divided government that is getting deeper red, deeper blue, right? and there doesn't seem to be any clear leader coming forward to bridge the gap. >> more polarized top to bottom. when you look at the coalitions of the national level, mitt romney won almost 90% of votes from whites, and president obama won over 40% from nonwhites. look at the states on issues like gay marriage or the obama health care plan. blue and red states leading you in very different directions. and you get...
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Dec 29, 2012
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based on an ideology that calls for government to be as small as possible. the roots are as old as american politics, but today the philosophy's main spokesman is this man. grover norquist, president of americans for tax reform. norquist's pledge signed by almost all republicans in congress forbid signatories from raising taxes ever under any circumstances. things come to a head in the summer of 2011, republicans demand the government reduce the deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose the ability to borrow money. both democrats and republicans deploy scorch earth tactics that nearly shut down the government and ultimately cost america its aaa credit rating for the first time in history. but in a last-minute compromise, both sides agree to $1 trillion in spending cuts up front and another $1.2 trillion in cuts to be decided by a special congressional super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would g
based on an ideology that calls for government to be as small as possible. the roots are as old as american politics, but today the philosophy's main spokesman is this man. grover norquist, president of americans for tax reform. norquist's pledge signed by almost all republicans in congress forbid signatories from raising taxes ever under any circumstances. things come to a head in the summer of 2011, republicans demand the government reduce the deficit as a condition for raising the nation's...
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Dec 27, 2012
12/12
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KPIX
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geithner saved the government will take steps to allow more burrough after december 31. danielle nottingham, cbs news, washington. >>> let's look now at the markets. stocks fell sharply by 55 and change. the drop is attributed to consumer confidence falling to the lowest level since august. >>> the storm that moved across the country pushing northeast through new england after plowing through 30 states dumping snow, sleet and spawning dozens of tornadoes. edward lawrence has the latest. >> reporter: the northeast is dig out from a giant storm that dumped more than a foot of snow in some places. >> it's the heaviest snow i can remember. it's shutting the machine down every time of you give it a little push. the ice just clogs it up. >> reporter: the storm started in california last weekend and crossed the country creating blizzards in the midwest and south. several people died in traffic accidents. and the roads remain dangerous for holiday travelers heading home. in arkansas, this man needed a tow after sliding into a ditch. >> going about 55 or 60 and i hit like a chunk
geithner saved the government will take steps to allow more burrough after december 31. danielle nottingham, cbs news, washington. >>> let's look now at the markets. stocks fell sharply by 55 and change. the drop is attributed to consumer confidence falling to the lowest level since august. >>> the storm that moved across the country pushing northeast through new england after plowing through 30 states dumping snow, sleet and spawning dozens of tornadoes. edward lawrence has...
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Dec 29, 2012
12/12
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WRC
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. >> reporter: the government he says has failed to hold banks accountable. mark cuts through bureaucracy by bringing the big banks here. >> all the players are here in one place to get it done. >> reporter: first, naca's mortgage loan counselors examine homeowners' financial information and living expenses to determine what they can afford. then they bring the homeowners and all their documents to meet with their banks. face to face. >> it's tough to say no when you're face to face with a homeowner. someone's not apiece of -- not a piece of paper, they're family, their lives. >> reporter: the organization has conducted 100 of these home-saving events across the country. the result, more than 200,000 families, they say, have struck new deals with their banks and kept their homes. the homeowner pays no fees if the homeowner stays current for three months, the banks pay naca $500 to $ 50 for each new loan modification. these are the sounds of success. [ gong ] [ applause ] >> reporter: some are overcome with emotion. desiree harvey got a new fixed rate mortgage
. >> reporter: the government he says has failed to hold banks accountable. mark cuts through bureaucracy by bringing the big banks here. >> all the players are here in one place to get it done. >> reporter: first, naca's mortgage loan counselors examine homeowners' financial information and living expenses to determine what they can afford. then they bring the homeowners and all their documents to meet with their banks. face to face. >> it's tough to say no when you're...
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Dec 28, 2012
12/12
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WBAL
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republic and say they are willing to compromise on taxes but not more government spending. the goal is to get a deal before midnight monday. a growing number of lawmakers doubt that will happen. danielle leigh, wbal-tv 11 news. >> today marks two weeks since the shooting tragedy in newtown, connecticut. there has been an increase in gun sales. in 7200 gun purchase applications filed in november. at least 62,000 more will be handled. troopers will not speculate as to why they have increased. >> as stall in negotiations could paralyzed shipping in the region. workers could go on strike in just a few days. kim dacey is live with details on a possible strike. >> it could be the biggest strike in 35 years. it affects about 2000 workers here in baltimore. about $51 billion a year goes through baltimore. 108,000 jobs are linked to activity at the port. negotiations are not going well. unless there is an agreement, there will be a complete shutdown of all ports from maine to texas. it could be a partial strike that affects cargo in containers. it could avoid a stoppage in automobil
republic and say they are willing to compromise on taxes but not more government spending. the goal is to get a deal before midnight monday. a growing number of lawmakers doubt that will happen. danielle leigh, wbal-tv 11 news. >> today marks two weeks since the shooting tragedy in newtown, connecticut. there has been an increase in gun sales. in 7200 gun purchase applications filed in november. at least 62,000 more will be handled. troopers will not speculate as to why they have...
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Dec 30, 2012
12/12
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FBC
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making home affordable is a free government program. call now to talk one on one with a housing expert about the options that are right for you. real help, real answers right now. gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get thi done. it's the right thing to do for our families and our businesses and for our entire economy. but for iediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the wrong thing to do. gerri: no kidding. we have been telling you that for weeks. democrats and republicans alike should rename their parties the procrastination party. that is because like a lot of college freshman, they left their work until the last minute. including the 800 billion-dollar fiscal cliff that we have been
making home affordable is a free government program. call now to talk one on one with a housing expert about the options that are right for you. real help, real answers right now. gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get thi done. it's the right thing to do for our families and our businesses and for our entire...
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Dec 27, 2012
12/12
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FOXNEWSW
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we live in an america where the federal government now is spending 25% of our gross domestic product. when you study the obama budget that would increase to 32%. that's where the problem has to i am emanate from. the spending side of our budget is 62% of what we spend money on. it's not just about defense or discretionary. >> is there any indication the president's deal, that he may come back with, will address spending? i haven't heard substantial spending cuts out of any deals on the left. >> absolutely you are not hearing that whatsoever. when i listen to senator chuck schumer say the president ran on raising taxes and says he won, we should do that, i have to tell you i'm not such and idiotic person to follow someone off into the abyss. this is a political gimmick the president ran on. he did win the election but when you look at the house, the republicans maintain their majority there and that's where revenue bills emanate from. >> we have to leave it there. always great to have you. >> happy new year. >> you too. amid all this fighting in washington, my next guest has a plan to
we live in an america where the federal government now is spending 25% of our gross domestic product. when you study the obama budget that would increase to 32%. that's where the problem has to i am emanate from. the spending side of our budget is 62% of what we spend money on. it's not just about defense or discretionary. >> is there any indication the president's deal, that he may come back with, will address spending? i haven't heard substantial spending cuts out of any deals on the...
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Dec 27, 2012
12/12
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CNNW
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i think the government should have stayed in place and kept working on it. as a freshman member of the congress, i don't have the pull or the power to say when we're going to be there, when we're not but i will say this, that the u.s. house of representatives has acted. we're waiting for the senate to act and i believe that as soon as they act we'll be back in town to find some forge -- some pathway forward. >> well, a senior white house official told cnn tonight to that point, they said we believe strongly a reasonable package can get majorities in both houses. the only thing that would prevent it is if speaker mcconnell and speaker boehner don't cooperate. do you think mcconnell and boehner are in the mood to cooperate with president obama? >> i do believe they're in a mood to cooperate. they've talked -- and speaker boehner's talked for a long time about a grand bargain, about a big deal, about trying to find some major solution going forward. but the senate hasn't acted on anything, so i think we have to be careful on just placing the blame on mcconnell
i think the government should have stayed in place and kept working on it. as a freshman member of the congress, i don't have the pull or the power to say when we're going to be there, when we're not but i will say this, that the u.s. house of representatives has acted. we're waiting for the senate to act and i believe that as soon as they act we'll be back in town to find some forge -- some pathway forward. >> well, a senior white house official told cnn tonight to that point, they said...
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Dec 28, 2012
12/12
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. >> i can't believe that these five people who are charged with the responsibility of governing this nation can't come to some sort of agreement to put this sdasries event off. >>> what if both sides actually are -- what do both sides stand to gain by going over the cliff in that's what our next guest points out, where he says that many of them have calculated it is better to go over the cliff, at least temporarily, than swallow a raw deal. with me is jonathan allen. it's good to have you here. break it down for us. what's in it for both sides? >> i think what is at work here is going over the fiscal cliff is a better option than the worst-scale snare i don't. it matt not be the optimal snare i don't, but for republicans, they would have an tune to vote for tack cuts. they also may figure they'll have an opportunity to negotiate for other items. they don't want to cave for president obama. on the democratic side, they're winning the public relations war on this. republicans, if you look at the polls are in the 20s right now, president obama is sitting in the mid 50s on the fiscal cli
. >> i can't believe that these five people who are charged with the responsibility of governing this nation can't come to some sort of agreement to put this sdasries event off. >>> what if both sides actually are -- what do both sides stand to gain by going over the cliff in that's what our next guest points out, where he says that many of them have calculated it is better to go over the cliff, at least temporarily, than swallow a raw deal. with me is jonathan allen. it's good...
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Dec 28, 2012
12/12
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that is bad way to run the government. gregg: mary katherine, no way to run a government but we've been saying that for 200 years. and i have too. but, mary katherine, look, what does it say about boehner's leadership, when he can't even get a vote on his own plan? >> no, i think that was a good opportunity for republicans to pass something. i think many of them made a mistake in foiling that plan because i think it was a decent one that had good points even though they obviously didn't get everything they wanted. i still think this could go either way. you guys point out this is no way to run a government and hasn't been for 200 years. i argue part of the reason we get into these situations a lot more often past couple years, one, we're running out of the money. two because democrats in the senate have failed to engauge even semblance of a regular budget process. i would like to bring that back sometime in the near future. regardless i think this could go either way next couple days. it is encouraging they're meeting. it
that is bad way to run the government. gregg: mary katherine, no way to run a government but we've been saying that for 200 years. and i have too. but, mary katherine, look, what does it say about boehner's leadership, when he can't even get a vote on his own plan? >> no, i think that was a good opportunity for republicans to pass something. i think many of them made a mistake in foiling that plan because i think it was a decent one that had good points even though they obviously didn't...
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Dec 30, 2012
12/12
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we've seen video on syrian state tv showing bodies there on the ground, the syrian government for its part is saying that there was a battle in this area that they went in, that they captured and killed numerous terrorists. we should add that terrorist is the term that the syrian government uses to describe rebel opposition fighters. particularly gruesome. we're talking about a death toll that was reported yesterday of at least 397 people. that's according to the local coordination committees. that's the highest one-day death toll they reported since the conflict began in syria nearly two years ago and in that time, we should mention, over 40,000 people have been killed. alison. >> it really is invecredible. calling for a cease-fire. yesterday the bloodiest day yet. either possibility either side will actually lay down their guns? >> well, it looks less and less likely as each day goes by. this past week we've seen a fleury of diplomatic activity. then he went to russia yesterday. he was meeting with russian foreign minister. russia is one of the key players of what goes on in syria b
we've seen video on syrian state tv showing bodies there on the ground, the syrian government for its part is saying that there was a battle in this area that they went in, that they captured and killed numerous terrorists. we should add that terrorist is the term that the syrian government uses to describe rebel opposition fighters. particularly gruesome. we're talking about a death toll that was reported yesterday of at least 397 people. that's according to the local coordination committees....
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Dec 30, 2012
12/12
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CSPAN
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the president's tax hike would only fund the government for eight days. americans deserve to know what does the president propose we do for the other 357 days of the year. inaction should not be an option. the problems facing our country are big with their not necessarily all that complicated. the president will never have more political capital and then he does right now. in debt -- the next few days will begin to define his second term. he was elected to lead. we can still avoid going over the fiscal cliff if we step for this week and republicans to solve this problem and solve it now. >> we talk with washington post reporter laurie montgomery this morning for the update on the fiscal cliff negotiations. >> tell us, what kind of a deal the president offered and what is new in the negotiations among the senators and between the senators and the white house? >> there does not appear to be anything new. the policy they are talking about are the same public -- policies that have been on the table for weeks. what is new is they seem to have finally agreed th
the president's tax hike would only fund the government for eight days. americans deserve to know what does the president propose we do for the other 357 days of the year. inaction should not be an option. the problems facing our country are big with their not necessarily all that complicated. the president will never have more political capital and then he does right now. in debt -- the next few days will begin to define his second term. he was elected to lead. we can still avoid going over...
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Dec 23, 2012
12/12
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FOXNEWSW
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officials put pressure on the government. a court there deciding to let him go. he flew to the border with his attorney and his dad is driving him home to florida. his mother, incredibly relieved. >> it was like my first night i slept all night without getting up. it was just the thought of not wondering what's going on with him. can anyone hurt him tonight. he's eating, he's able to actually have a meal. you know, it's just -- i honestly can't totally process it until he's here. we're days away, so i'll take it. >> honestly he knows he made a mistake bringing in the gun but to be honest i'm happy his family's together for christmas. there are reports he surface from ptsd from his war time experience and his family says now he's got a stomach bug and a chest cold that could be pneumonia. if that gets worse they may stop along the way home at a hospital. >>> a lot of people didn't think he would get out for christmas. >>> a weather alert. the powerful storm is slamming the northeast. heaviest snowfall making a mess in syracuse, and as you can see, creating sloppy
officials put pressure on the government. a court there deciding to let him go. he flew to the border with his attorney and his dad is driving him home to florida. his mother, incredibly relieved. >> it was like my first night i slept all night without getting up. it was just the thought of not wondering what's going on with him. can anyone hurt him tonight. he's eating, he's able to actually have a meal. you know, it's just -- i honestly can't totally process it until he's here. we're...
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Dec 27, 2012
12/12
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CNNW
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that means the federal government. the president has called for a $60 billion recovery package and democrats have done just that but there is one problem, pork and a lot of it. is it larded up with a lot of non-sandy costs including $150 million for fisheries in alaska and $41 million for military bases including guantanamo bay and you can't get much further from the jersey shore. republicans refused the package and proposed a $24 billion alternative. it cuts $13 billion set aside to protect against future disasters. the solution should be simple, cut the pork and keep the relief on track. but if republicans and democrats can't agree on disaster relief how can they find common ground on entitlement reform and tax reform and avoiding the fiscal cliff. it's a reminder of the division and disfunction in d.c. the crippling disconnect from the common sense concerns of the american public. piers morgan is next. and one more thing...hurry. get a focus with 2000 cash plus 500 year end bonus cash with no charge sync and sound d
that means the federal government. the president has called for a $60 billion recovery package and democrats have done just that but there is one problem, pork and a lot of it. is it larded up with a lot of non-sandy costs including $150 million for fisheries in alaska and $41 million for military bases including guantanamo bay and you can't get much further from the jersey shore. republicans refused the package and proposed a $24 billion alternative. it cuts $13 billion set aside to protect...
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Dec 27, 2012
12/12
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KPIX
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a farm bill expires at the end of the year meaning the government reverts back to the 63-year-old pricing formula for milk and those costs are passed to you. nogallon of milk is about $3.50
a farm bill expires at the end of the year meaning the government reverts back to the 63-year-old pricing formula for milk and those costs are passed to you. nogallon of milk is about $3.50
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of the things that constrain the growth of government during that era was the people were afraid that they would have to pay more taxes if spending went up and now what has happened is they've said deficits don't matter all we want to do is starve the beast and cut taxes we don't really give a damn about spending and that is what really what has let the let the genie out of the bottle so the so these crazy republicans have actually created the foundation for the very deficits that they claim that they are opposed to. when a scheme i worked for jude went to school and you know he in. seventy six wrote an article the two santa claus theory and very very probably the most important op ed article in history and basically suggested that democrats have always been santa claus you know they they had social security and they had work place benefits and the republicans are always been screwed say no we can't afford that right and that the republicans had to become santa clauses and so the republicans became the tax cut santa clause that was a suggestion the reagan administration virtually trip
of the things that constrain the growth of government during that era was the people were afraid that they would have to pay more taxes if spending went up and now what has happened is they've said deficits don't matter all we want to do is starve the beast and cut taxes we don't really give a damn about spending and that is what really what has let the let the genie out of the bottle so the so these crazy republicans have actually created the foundation for the very deficits that they claim...
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Dec 27, 2012
12/12
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FOXNEWSW
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, overspending government. it is about ready to hit its debt ceiling the president might have won this election but he didn't win the authority to write a blank check to continue to spend and spend and spend, to hit the debt ceiling and then go blowing through it. there may not be much conversation in washington between speaker boehner and president obama but the democrats control two third of this government. they might think about having a conversation among themselves, the senate and the president, to bring something that might have a chance of resolving these problems and maybe, they better think more about cutting spending before coming to us for more money. gregg: you know what, doug? karl rove wrote an op-ed in "the wall street journal" which he basically says, the president think it is all about him. the more mr. obama makes everything about him, the more stubborn he is likely to be when flexibility would be better. success requires adjustments, including a greater willingness to compromise and seek com
, overspending government. it is about ready to hit its debt ceiling the president might have won this election but he didn't win the authority to write a blank check to continue to spend and spend and spend, to hit the debt ceiling and then go blowing through it. there may not be much conversation in washington between speaker boehner and president obama but the democrats control two third of this government. they might think about having a conversation among themselves, the senate and the...
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Dec 30, 2012
12/12
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CNNW
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if a deal isn't reached, your taxes will go up and government spending will be slashed. dana bash and jessica yellin are covering all angles of the story. let's start with dana on capitol hill who has heard word of a setback in the talks. dana, what do you know? >> setback from the perspective of democrats. we should underscore that. this is any information that is coming out. is coming out for a purpose. this is certainly significant. when it comes to the democrats' perspective. and that is, they are very unhappy and they call a quote poison pill. what they say is an offer from the republicans to include in this deal, which has been from the democrats perspective, mostly focused on taxes to include in it, a change in a technical way that social security is done. what it effectively would mean is that social security recipients would get smaller checks each month. something that the president himself did offer as part of a larger deal when he was in those talks with the house speaker. and ha democrats would say is we're past that. we're not in the larger negotiations any
if a deal isn't reached, your taxes will go up and government spending will be slashed. dana bash and jessica yellin are covering all angles of the story. let's start with dana on capitol hill who has heard word of a setback in the talks. dana, what do you know? >> setback from the perspective of democrats. we should underscore that. this is any information that is coming out. is coming out for a purpose. this is certainly significant. when it comes to the democrats' perspective. and that...
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Dec 27, 2012
12/12
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CNNW
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the federal government tested toyota. they said it was floor mats or a sticky throttle or something like that and i believed the government. >> 7,000 miles later on the day after christmas. she said she was pulling into a parking spot at a local mall gently riding the brake, she says -- take a listen. >> the car lurched forward and hit the cement wall in front of us. >> she jammed on the brakes so hard, she says, she strained ligaments in her foot causing massive swelling. the dealer insisted she call the toyota contain lawyer. >> and you won't drive this again? >> i will not. >> toyota has never conceded that electronics or a software problem could be responsible for the problem. but drew found a document that is written in japanese with english translation that shows one instance what an electronic software problem was discovered. toyota says this has nothing to do with unintended acceleration. other safety experts disagree. drew griffin is here. first a big settlement earlier this month and now this. is this an admissi
the federal government tested toyota. they said it was floor mats or a sticky throttle or something like that and i believed the government. >> 7,000 miles later on the day after christmas. she said she was pulling into a parking spot at a local mall gently riding the brake, she says -- take a listen. >> the car lurched forward and hit the cement wall in front of us. >> she jammed on the brakes so hard, she says, she strained ligaments in her foot causing massive swelling. the...
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Dec 27, 2012
12/12
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CNNW
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that's when the government reaches its legal borrowing limit. treasury can delay a debt crisis for a couple of weeks until february or march using emergency measures to keep the government operating until congress acts to fix this problem, too. >>> big news from toyota. they are announcing a record $1.1 billion settlement over that unintended accelerator issue which they say does not exist. toyota has always said it's been floor malts, stuck gas pedals and operator error but they're going to settle these cases to put it behind them. the bulk of the money will go to its customers past and present. they will install brake override systems for all vehicles identified by toyota as having a problem with the floor mats getting stuck. toyota set aside $250 million to compensate owners who sold their cars while their sales were plummeting over the bad p.r. and a separate 250 million will be used to compensate owners who don't qualify for that brake override system. finally, all 16 million current toyota owners will be eligible for a warranty on certain
that's when the government reaches its legal borrowing limit. treasury can delay a debt crisis for a couple of weeks until february or march using emergency measures to keep the government operating until congress acts to fix this problem, too. >>> big news from toyota. they are announcing a record $1.1 billion settlement over that unintended accelerator issue which they say does not exist. toyota has always said it's been floor malts, stuck gas pedals and operator error but they're...
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Dec 29, 2012
12/12
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CNNW
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as far as the victim goes, do we know that her identity yet -- and has the government, has the government reached toout to her family? >> reporter: the government has reached out to her family. the government has been assisting her family throughout from the day the girl was hospitalized, the government has been involved. the government was very much involved in flying the girl to singapore for medical treatment. that even when she was there in singapore being treated, that indian and embassy officials were by her bedside when she passed away, in fact. as far as the identity of the girl is concerned, no, we do not know her name. the family wants to keep it that way. they want their identity of the girl to be concealed from the public. it's something that the indian public and the indian media has given the girl a name, and they have been calling her braveheart. and that's exactly how she's being referred to in the media, braveheart. everyone hoping braveheart's death doesn't go in vain and that this incident does force the government into making some concrete changes here and ensuring the
as far as the victim goes, do we know that her identity yet -- and has the government, has the government reached toout to her family? >> reporter: the government has reached out to her family. the government has been assisting her family throughout from the day the girl was hospitalized, the government has been involved. the government was very much involved in flying the girl to singapore for medical treatment. that even when she was there in singapore being treated, that indian and...
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Dec 28, 2012
12/12
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CNNW
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and russia in november governing u.s. adoptions to russia, putting out responsibilities for both sides. so what they're saying is, let's please stick to that agreement. they're in close touch with those families, and they're hoping that at least these 50 or some odd cases should be resolved. they're asking parents that are in the pipeline, stay in touch with your adoption agency and also look at adoption.state.gov. we'll put that on our website. that's where parents can get the very latest information about this crisis. >> all right. elise, thank you very much. appreciate it. >>> americans whose adoptions are in imbow are very worried. they're even desperate for information. i want to talk to a family via skype. this is from dover, new jersey. this is jenny and josh johnston. they are in the process of adopting a child from russia. thank you very much for joining us here. i can only imagine -- i can't really imagine what you are going through here. the two of you already have three children, one of them adopted from ethio
and russia in november governing u.s. adoptions to russia, putting out responsibilities for both sides. so what they're saying is, let's please stick to that agreement. they're in close touch with those families, and they're hoping that at least these 50 or some odd cases should be resolved. they're asking parents that are in the pipeline, stay in touch with your adoption agency and also look at adoption.state.gov. we'll put that on our website. that's where parents can get the very latest...
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Dec 27, 2012
12/12
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CNNW
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that is when the government reaches its legal borrowing limit. now, this could pose a bigger threat to the nation's credit rating than the fiscal cliff. treasury can keep the government operating for a few weeks using emergency measures, but congress needs to act on this too to avoid a full-blown debt crisis. alina cho. joins us with the ret of the top stories. >>> former president george h.w. bush remains in intensive care in a houston hospital with an elevated fever. he is on a liquid diet an his condition is listed as guarded. his spokesman quotes him as saying i'm determined not to be dprumpy with all of this. >>> toyota has agreed to pay up in a major way, $1.1 billion to settle a class action suit over sudden acceleration issues. under the deal toyota will install a brake override system in effective cars. it will also set up a fund of $250 million for former toyota owners who sold their cars from september of 2009 through all of 2010. that money would compensate owners for their car's reduced value because of bad publicity. also toyota's a
that is when the government reaches its legal borrowing limit. now, this could pose a bigger threat to the nation's credit rating than the fiscal cliff. treasury can keep the government operating for a few weeks using emergency measures, but congress needs to act on this too to avoid a full-blown debt crisis. alina cho. joins us with the ret of the top stories. >>> former president george h.w. bush remains in intensive care in a houston hospital with an elevated fever. he is on a...